Frequently Asked Questions
Maybe you have a few questions. That’s okay; most people do. So here’s a quick collection of some of the questions people ask us… along with our answers. If you still have a question, don’t hesitate to contact us and we’ll be happy to answer it for you.
Q: Will you be listing my house on the MLS or actually buying it?
A: Great question. We are not agents, and we don’t list houses. We can refer you a great agent if that’s what you want, but that is not our primary goal. We are professional home buyers: We buy houses in Charleston, SC and Atlanta, GA that meet our purchasing criteria. From there, we may repair the house and resell it, or keep it as a rental for ourselves.
Q: Do you pay fair prices for properties?
A: We are looking to get a fair discount on your property. The reason for this, is that we will be investing tens of thousands additionally into the property for repairs, updates, curb appeal, etc. However, in our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash, instead of bank financing. We also can close very quickly, and there is no time, effort, or expense required on your part to prepare the property for sale. If that sounds like something you would see value in, let’s see if we can come to a win-win agreement. Besides, our no-obligation commitment means that you do not have to move forward with our offer if you don’t want to.
Q: How do you determine the price to offer on my house?
A: Our process is very straightforward. We look at the REAL numbers provided by public data. Some of which include: the location of the property, what repairs are needed, the age of the property and major systems, what aesthetic updates the house might require, and values of comparable properties that have sold recently within a 1 mile radius. We take all of this information, and more, into consideration to come up with your offer.
Q: Are there any fees or commissions to work with you?
A: This is one of the main factors that separates us from the traditional method of selling your house. There are NO fees or commissions when you sell your house to us. We’ll make you an offer, and if it’s a good fit, then we will put a contract down to buy your house immediately. In addition, we can often pay for all your closing costs and attorney fees! Ask us about this on your property. No hassle. No fees. No obligation. What you see is what you get!
Q: How are you different from a real estate agent?
A: Real estate agents list properties on the Multiple Listing Service, and hope that someone will buy them. The agent shows the properties to prospective buyers, and then take home a percentage of the sale price as profit, if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). The average time for an agent to sell a property in many markets right now is 3-5 months. Agents do provide a great service for those that can wait longer for their house to sell, and don’t mind making repairs and coordinating showings, but that’s where we’re different. We’re not agents, we’re home buyers. Our company actually buys houses. Since we’re actually the one buying the house from you, and we pay with all cash, we can make a decision in a fraction of the above mentioned time (sometimes the same day). We make our living by taking the risk to buy your house with our own cash, repair the house, and market it to find an end buyer.
Q: Is there any obligation when I submit my info?
A: There is absolutely ZERO obligation for you. Once you tell us about your property, we’ll take a look at things online, then set up an appointment with you to see it in person, and make you an all-cash offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for your situation.